Business Details
22 Years
experience
Your Trusted Mortgage Partner for Homeownership Solutions
PacRes Mortgage has spent nearly two decades financing clients' dreams by combining the power of a national bank with the personalized insight of local advisors. Founded in 2004 by industry veterans with deep mortgage banking experience, we prioritize people over profit through tailored financial solutions. Our mission-driven approach focuses on empowering clients with products that meet their unique needs while equipping employees with tools for success.Guided by six core valuesexcellence, trust, service, drive, innovation, and celebrationweve weathered economic challenges to become an industry leader. Our leadership team, including CEO Matt Stashin and President Melissa Stashin, brings decades of hands-on expertise to every client interaction, ensuring a five-star experience that has earned us recognition as a top employer for women.
Services
Conventional Purchase Loans
Reverse Mortgage
Debt Consolidation
Buy Now Save Later Program
Cash-Out Refinance
VA Loan Programs
USDA Loans
Multi-Family Home Financing
Home Equity Lines
Construction Loans
Details
- Year established: 2004
Highlights and features
- We offer a partnership-driven mortgage process with personalized guidance
- Our Buy Now Save Later program locks in home equity while rates drop
- 20+ years of mortgage banking expertise from our founding team
- Streamlined pre-approval process with expert budget validation
- Specialized programs for veterans, rural homebuyers, and multi-family properties
What people say
Treated like family
Great communication
Smooth transaction
Outstanding support
Best of the best
Services
Conventional Purchase Loans
Conventional purchase loans provide flexible financing for homebuyers with strong credit profiles. These Fannie Mae/Freddie Mac-backed mortgages offer competitive rates, down payment options from 3%, and customizable terms. Ideal for buyers seeking affordability without government insurance requirements, they allow equity building through private mortgage insurance that cancels at 20% equity.
Buy Now Save Later Program
This innovative program lets homebuyers secure property today while locking future savings. Qualified applicants receive waived processing fees during subsequent refinancing when market rates drop, maintaining purchasing power without financial strain. The three-step process ensures long-term savings through streamlined rate adjustments.
Reverse Mortgage
Reverse mortgages convert home equity into tax-free income for homeowners over 62. This non-recourse loan provides monthly payments, lump sums, or credit lines while maintaining property ownership. Funds can supplement retirement income, cover healthcare costs, or finance home improvements without mandatory monthly mortgage payments.
Cash-Out Refinance
Cash-out refinancing replaces existing mortgages with larger loans, providing immediate funds for debt consolidation, home improvements, or investment opportunities. By leveraging built-up equity, homeowners access lower interest rates compared to personal loans while restructuring their mortgage terms for improved financial flexibility.
VA Loan Programs
VA loans offer zero-down payment options and competitive rates for eligible veterans and spouses. These government-backed mortgages include specialized programs for multi-family purchases and rural development, with benefits like closing cost assistance and no private mortgage insurance requirements.
People
Matt Stashin
CEO/Founder
With a career spanning futures trading in Paris and mortgage leadership roles, Matt Stashin established PacRes Mortgage in 2004. His mission-first approach focuses on strategic growth while maintaining operational integrity across all lending divisions.
Melissa Stashin
President/Founder
Melissa Stashin has held executive roles across mortgage operations, sales, and management. She cultivates PacRes Mortgage' internal culture and community engagement initiatives, emphasizing relationship-building and service excellence in every client interaction.
Eric Wiley
Executive VP/Founder
Eric Wiley combines frontline mortgage advisory experience with operational leadership expertise. He develops systems that balance employee success with client satisfaction, ensuring five-star service delivery across PacRes Mortgage' national branch network.
Questions
What mortgage options exist for first-time homebuyers?
We offer conventional loans with 3% down, FHA alternatives, and specialized programs with down payment assistance. Our advisors help first-time buyers navigate pre-approval, closing costs, and long-term affordability.
How does the Buy Now Save Later program work?
This program allows qualified buyers to purchase homes today with guaranteed refinance options when rates drop. Waived processing fees and streamlined documentation make future rate adjustments cost-effective and simple.
Can I eliminate mortgage insurance payments?
Yes, conventional loans automatically remove private mortgage insurance when equity reaches 20%. We help clients track equity growth and initiate cancellation through regular appraisals and payment schedules.
What refinancing options reduce monthly payments?
Rate-and-term refinancing lowers payments through better interest rates or extended terms. Cash-out refinancing accesses equity while restructuring debt. Both options require updated credit assessments and property valuations.
Are there mortgage programs for rural homebuyers?
USDA loans provide zero-down financing for properties in designated rural areas. Eligibility depends on location, income limits, and property type. Our advisors verify USDA requirements during initial consultations.
How do VA loans benefit military members?
VA loans offer zero-down options, competitive rates, and closing cost assistance for veterans. We specialize in processing VA documentation and maximizing benefits for primary residences and investment properties.
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